🧠 ANALYSIS #BTC/USDT
Bitcoin is consolidating within a descending channel and is trading above the 21MA, which acts as a support level.
🔼 A breakout above the channel boundaries may confirm the beginning of a bullish trend.
🔽 At the same time, a break below the 21MA will increase selling pressure and could trigger a new downward movement.
📊 We are monitoring the price reaction in these key zones.